What a year it’s been for Miros! In May 2024, Miros turned 40—a notable milestone in the proud history of our company. But as much as we can celebrate how far we’ve come over the past four decades, it’s where we’re headed that truly excites me. This year has been transformative, not only for the offshore industry but also for Miros, with remarkable achievements and breakthroughs in technology, partnerships, sustainability efforts, and, most importantly, delivering value to our customers. Let me take you through some of the key highlights that made this milestone year notable.

2024: Trends Shaping the Offshore Industry 

In 2024, the offshore industry experienced significant advancements, driven by technological innovations and the growing need for enhanced safety, efficiency, and operational precision. Among the key trends was the further integration of AI in wave measurement and prediction, which has transformed short-term wave forecasting. This technology has been instrumental in improving safety during critical offshore operations, such as vessel positioning, walk-to-work transfers, and subsea activities. 

Continuous, real-time wave monitoring has become indispensable for optimizing offshore operations. By providing accurate, actionable data, it supports decision-making processes in dynamic environments where conditions can change rapidly. Whether it’s ensuring safe equipment deployment, stabilizing vessels, or improving operational efficiency during challenging weather conditions, precise wave measurement has become the backbone of offshore activities. 

Miros’ Breakthroughs and Achievements

For Miros, 2024 was nothing short of trailblazing. We made incredible strides in innovation, customer impact, and global reach. Here are the key milestones that shaped our journey:

One of our proudest moments was the launch of PredictifAI^TM, a groundbreaking solution co-developed with our offshore partners. This next-generation product offers real-time insights into wave fields and vessel motion, predicting conditions seconds to minutes ahead. It was a defining step forward, empowering operators to act with precision and confidence. 

We also introduced the new Forecast application designed to provide comprehensive offshore insights, enabling operators to make informed, data-driven decisions by integrating forecasts with real-time measured ocean data.

At the same time, we focused on advancing our core technologies including the accuracy, analytics, and user-friendliness of our wave sensors and Oil Spill Detection (OSD) system.

Customer Value on a daily basis

Our technologies were put to the test in real-world activities, such as lifting operations, wind turbine installation, jacking operations, cable and pipelay campaigns, diving support operations, ROV launch and recovery, gangway transfers. Here are some examples I want to highlight:

Miros Wavex played a vital role aboard the CSOV Rem Power, providing real-time wave data to ensure safe gangway connections during walk-to-work operations.

Similarly, in the Northern Lights CCS project, our WaveSystem was integral to the success of Norway’s pioneering CO₂ storage pipeline. 

Miros’ WaveFusion^® provided precise, real-time data that immediately improved critical decision-making for crew safety and operational efficiency when Vattenfall faced operational disruptions at Aberdeen Bay due to the limitations of weather forecasts in predicting local sea conditions.

Environmental accountability also took center stage, with our OSD system supporting onboard ADNOC’s oil recovery fleet, as well as protecting Dubai’s sensitive coastlines from potential spills.

Brazil is at the forefront of coastal protection. Our OSD system will support Petrobras and Brazil’s environmental agency IBAMA with tamper-proof monitoring and alarm systems.

These projects not only showcase the reliability of our solutions but also demonstrate their critical role in advancing safety and environmental stewardship at sea and in coastal areas.

Expanding Our Global Reach and Building a Culture of Excellence

Miros strengthened its global presence in 2024, forging strategic partnerships with leading industry players like Elcome International LLC and Belga Marine. These collaborations amplified our impact in key regions, including Europe, the Middle East, Asia-Pacific, and Brazil. 

Thanks to the trust and loyalty of our clients, we experienced significant growth in repeat business and doubled our as-a-service contracts again in 2024.

Our people are at the core of our success. We challenge and inspire our employees to embrace a dynamic mix of perspectives and skills, which drives our results, ensuring our teams stay at the forefront of technological innovation.

In 2024, we proudly attained the ISO 27001 certification, a globally recognized standard for information security management. This milestone highlights our robust, risk-based approach to managing data and infrastructure, reinforcing our commitment to excellence. 

Another strategic accomplishment was the acquisition of Miros Mocean AS. The full integration of Miros Mocean into Miros allows us to further consolidate and optimize our portfolio of vessel performance services. Our strengthened offering will now provide even greater value to customers and partners across the maritime industry. 

Looking Ahead to 2025

As we turn the page to 2025, we’re gearing up to launch our new cloud-based OSD Monitoring solution in Q1, setting a new benchmark in real-time spill detection technology. Additionally, we’re focused on expanding AI-driven capabilities and deepening our involvement in wave and vessel motion prediction technologies. 

Jonas Røstad, our CCO, put it best when he said, “the key to innovation is never standing still.”

With this mindset, Miros is ready to scale new heights, tackle new challenges, and shape the future of ocean insights measurement and prediction technology. 2024 has been a remarkable year, filled with milestones and moments of pride. As we move forward, I’m excited about what lies ahead and confident that together, we’ll continue riding the waves of innovation and success. Here’s to a future anchored in excellence!